News Formal

Citi's Economic Surprise Index: Positive Data Driving Stock Market Rally

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 43 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 38%
  • Publisher: 63%

Finance Nouvelles

Economic Data,Stock Market,Inflation

This video analyzes Citi's Economic Surprise Index, highlighting how positive economic data like inflation readings and labor market figures are contributing to the recent stock market rally. While there was initial concern that bad news would be good news for stocks due to potential Fed rate cuts, the current trend suggests that better-than-expected economic reports are translating into stock market gains.

breaks down Citi's Economic Surprise Index and how positive data — in the form of inflation readings and labor market figures — could be pulling stocks -- As Hurricane Milton approaches the Florida coast, Verizon remains committed to keeping communities and first responders connected.

CHICAGO — Connor Bedard was one of the first players on the ice on Monday. He also was one of the last to leave when practice was over.The Alberta government wants the federal government to financially compensate the province for costs related to rebuilding Jasper after this summer's wildfire.

Super Visa Insurance: Kristina van der Wal of Travelance Highlights 5 Common Mistakes and Misconceptions To ensure a smooth Super Visa process for parents or grandparents of Canadian citizens and permanent residents, Travelance Founder identified the 5 mistakes that can make or break an application.Hamilton, Ontario, Oct. 07, 2024 -- Image:Travelance team; founder Aman Ahuja 2nd from left; Kristina van der Wal 2nd fromright. One of the most challenging aspects of studying or living abroad is the distance it creates between loved ones.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 47. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Stock market is ‘in a transition phase’ after rate cut: CitiAs the Federal Reserve initiates its first interest rate cutting cycle in four years, Citi head of US equity strategy, Scott Chronert, joins the Catalysts...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Citi CFO expects investment banking fees to rise 20% in third quarterCitigroup's investment banking fees are expected to jump 20% in the third quarter from a year earlier, Chief Financial Officer Mark Mason told investors at a...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Stay Away From China-Exposed Stocks in Europe, Citi SaysIt’s too early to go bargain hunting for European stocks with high exposure to China, according to Citigroup Inc. strategists, putting them at odds with counterparts at Bank of America Corp.
La source: BNNBloomberg - 🏆 83. / 50 Lire la suite »

Tech stocks ‘share a common ominous situation’, says Citi strategistDaily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow
La source: globebusiness - 🏆 31. / 66 Lire la suite »